NEPSE Requests Clarification from Aatmanirbhar Laghubitta Over Late Dividend Notice

A meeting of the board of directors of Aatmanirbhar Laghubitta Bittiya Sanstha Limited (ANLB) was held on 2081/09/07 at 5:30 PM to discuss the dividend declaration for the fiscal year 2080/81. However, the information regarding the decision was only submitted to the Nepal Stock Exchange (NEPSE) on the following day, 2081/09/08, at 12:13 PM during trading hours via the NEPSE Online Trading System (NOTS).

As per Regulation 22(1) of the Securities Listing Regulations, 2075, organizations listed on NEPSE must submit any notices, decisions, or information that could impact securities prices on the same day or by the next day before the market opens. In light of this delay, NEPSE has issued a formal request to ANLB to provide clarification within three working days, explaining the reasons for the late submission of the information.

This request follows the provisions of Regulation 16(1)(b), which outlines the penalties for failing to submit timely information. ANLB is now required to submit a response to NEPSE within the stipulated timeframe.